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Username: BobM Rating:  Asked to: Anton Luyten Date Created: 19 Dec 2015 |
| Category | 28 |
| Tag | Financial |
| Question | Record date: what is it? |
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Hello BobM, The record date is the cut-off date established by a company in order to determine which shareholders are eligible to receive a dividend or distribution. The determination of a record date is required to ascertain who the company's shareholders are as of that date, since the shareholders of an actively traded stock are continually changing. The shareholders of record as of the record date will be entitled to receive the dividend or distribution declared by the company. Also known as the date of record. |
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